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U.S. investment since the Tax Cuts and Jobs Act of 2017
Kopp, Emanuel; Leigh, Daniel; Mursula, Susanna; … - 2019
There is no consensus on how strongly the Tax Cuts and Jobs Act (TCJA) has stimulated U.S. private fixed investment. Some argue that the business tax provisions spurred investment by cutting the cost of capital. Others see the TCJA primarily as a windfall for shareholders. We find that U.S....
Persistent link: https://www.econbiz.de/10012022032
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A new action-based dataset of fiscal consolidation
Devries, Pete; Guajardo, Jaime; Leigh, Daniel; … - 2011
Persistent link: https://www.econbiz.de/10009425665
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A New Action-Based Dataset of Fiscal Consolidation
Pescatori, Andrea - 2011
This paper presents a new dataset of fiscal consolidation for 17 OECD economies during 1978-2009. We focus on discretionary changes in taxes and government spending primarily motivated by a desire to reduce the budget deficit and not by a response to prospective economic conditions. To identify...
Persistent link: https://www.econbiz.de/10014399269
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Fiscal Adjustments : Determinants and Macroeconomic Consequences
Plekhanov, Alexander - 2007
The paper analyzes the determinants of success of recent fiscal consolidations in the OECD countries as well as the short-run and long-run effects of fiscal adjustments on economic activity by looking at fourteen case studies, panel data for OECD countries, and the results of simulations using a...
Persistent link: https://www.econbiz.de/10014399974
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Okun's Law : fit at 50?
Ball, Laurence M.; Leigh, Daniel; Loungani, Prakash - 2013
Persistent link: https://www.econbiz.de/10009706759
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Okun's Law : Fit at 50?
Ball, Laurence M. - 2013
This paper asks how well Okun’s Law fits short-run unemployment movements in the United States since 1948 and in twenty … the unemployment rate—varies substantially across countries. This variation is partly explained by idiosyncratic features … of national labormarkets, but it is not related to differences in employment protection legislation …
Persistent link: https://www.econbiz.de/10014395488